Euro / Swiss Franc

Updated

EURCHF.Weekly.BB34.Pivot10.MACD

EURCHF.Weekly.BB34.Pivot10.MACD

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snapshot

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Omen was shown without fail.

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Monthly Gold

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Let's assume we are Swiss National Bank.
We bought EUR a lot in order to fix the rate artificially.
But it cost too much and one day, no longer no more.
Now, the value of EUR is moving up.

Swiss bank who have had a lot of EURO is showing the profits,
then Swiss bank becomes richer, then CHF stronger.

Note

Swiss National Bank(SNB) loved to keep 1.2 with EUR.
Now, how will it reach there?

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.